Canadians have accumulated savings of $1 trillion in mutual funds, marking the first time in their 82-year history in Canada that funds have topped this milestone.
BlackRock has filed a preliminary prospectus to sell a series of balanced mutual funds in Canada.
The Lipper Fund Awards were handed out Tuesday night in Toronto to Canada’s top mutual funds.
Fidelity Investments Canada ULC has launch new U.S. mutual funds aimed at Canadian investors seeking increased income opportunities and diversification.
ETFs as lower cost route than index funds?
The first quarter of 2012 was a good one for active managers in the large cap Canadian equity space, as two-thirds beat the S&P/TSX Composite Index, according to the Russell Active Manager Report.
Despite lackluster performance in March, the majority of equity funds in Canada posted gains for the first quarter of 2012, according to preliminary performance numbers released today by Morningstar Canada.
Sun Life Global Investments has proposed additional changes to the funds it recently took over as manager and trustee from McLean Budden.
McLean Budden and Sun Life Global Investments have received investor approval for certain mutual fund mergers, previously announced on Dec. 8, 2011.
Vanguard’s U.S. office has rolled out a new campaign to raise investors’ awareness of the price tag of their investments.